Tag Archives: Apple

China Not So Yummy

Posted on December 1, 2012 by macromon

Wow! Take a look at YUM! Brands’ swan dive today on huge volume after they announced Q4 same store sales in China will be negative. For the fourth quarter, stronger than expected operating performance from Yum! Restaurants International and our … Continue reading →

Posted in Apple, China, Earnings | Tagged , , | 1 Comment

Stock Picking Matters: Apple v Microsoft

Posted on November 27, 2012 by macromon

Stock picking is true for even us Global Macro types. Past may not be prologue as the WSJ article from where the chart is sourced argues,  but this is one incredible 10-year outperformance. Microsoft for the past decade also has … Continue reading →

Posted in Apple | Tagged , , | 3 Comments

Apple Again

Posted on November 26, 2012 by macromon

Apple was up an impressive $18, or 3.15 percent,  in today’s relatively weak market. Forbes reports sales are off to a strong start this holiday season and quotes several positive notes from analysts, Ben Reitzes, Barclays Capital: “Our checks back … Continue reading →

Posted in Apple | Tagged | 1 Comment

Cliff Diving – Day 7

Posted on November 20, 2012 by macromon

Bernanke speaks.  Stocks tank.  Buyers step in.  Market closes unched. Stocks got spanked during Chairman Bernanke’s speech to the New York Economic Club but managed to claw back losses,  to close, essentially, unchanged.   Bonds and gold got whacked on possible … Continue reading →

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Apple’s Big Day

Posted on November 19, 2012 by macromon

Apple confirmed its Friday hammer panic bottom with a $38 plus move higher, closing up 7.21 percent on the day.  Nice! How big was the move?  BIG! Apple’s $35.8 billion market cap increase on the day is larger than the … Continue reading →

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‘Toon of the Day: AAPL Gets Some Therapy

Posted on November 18, 2012 by macromon

Nice ‘toon via Mashable! Is Apple ready to bounce after its horrid almost 30 percent two-month swan dive? Friday’s humungo reversal on humungo volume looks like a decent trading bounce is coming. Even the bears seem to think so, including … Continue reading →

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Apple Trying to Bottom

Posted on November 13, 2012 by macromon

Apple looks like it’s trying to bottom.  It’s been choppy and has difficulty holding a bid.  Friday’s low at $533.72 is a must hold.  The stock remains extremely oversold with a 27 RSI, but needs a catalyst to move it … Continue reading →

Posted in Apple, Technical Analysis | Tagged , | 3 Comments

Bears Breach Apple’s 200-day

Posted on November 2, 2012 by macromon

We posted yesterday how important Apple’s 200-day moving average is/was. We noted, “It’s been the dike that has kept the Bear Sea at bay ,” since the bull run started in March 2009.   Here’s an excerpt, Apple’s stock managed an … Continue reading →

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How Important is Apple’s 200-day moving average?

Posted on November 1, 2012 by macromon

Very.  It’s been the dike that has kept the Bear Sea at bay.  Apple’s stock managed an impressive bounce off the its 200-day moving average yesterday.  It was the first time the stock has come within $1.00 of the 200-day … Continue reading →

Posted in Apple | Tagged , | 3 Comments

Apple’s End-of-Month Window Dressing

Posted on October 30, 2012 by macromon

Interesting data on Apple’s end-of-month (eom) daily returns since the March 2009 crash bottom.  Our priors are that every PM and their mother would be buying Apple at the end the month to show they own it as the stock … Continue reading →

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